MINEST.ST
Price:
$0.69
Market Cap:
$140.62M
Minesto AB (publ), together with its subsidiaries, operates as a marine energy developer in Sweden, Wales, Northern Ireland, and Taiwan. Its Deep Green technology produces electricity from slow tidal streams and ocean currents through a turbine. The company was founded in 2007 and is headquartered in Gothenburg, Sweden.
Industry
Renewable Utilities
IPO Date
2015-11-09
Stock Exchange
STO
Ticker
MINEST.ST
According to Minesto AB (publ)’s latest financial reports and current stock price. The company's current ROE is -5.93%. This represents a change of 429.46% compared to the average of -1.12% of the last 4 quarters.
The mean historical ROE of Minesto AB (publ) over the last ten years is -8.28%. The current -5.93% ROE has changed -28.38% with respect to the historical average. Over the past ten years (40 quarters), MINEST.ST's ROE was at its highest in in the December 2016 quarter at 5.13%. The ROE was at its lowest in in the December 2019 quarter at -22.32%.
Average
-8.28%
Median
-5.77%
Minimum
-25.07%
Maximum
-2.78%
Discovering the peaks and valleys of Minesto AB (publ) ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 593.30%
Maximum Annual ROE = -2.78%
Minimum Annual Increase = -87.11%
Minimum Annual ROE = -25.07%
| Year | ROE | Change |
|---|---|---|
| 2024 | -6.35% | 22.37% |
| 2023 | -5.19% | -72.14% |
| 2022 | -18.63% | 570.92% |
| 2021 | -2.78% | -14.07% |
| 2020 | -3.23% | -87.11% |
| 2019 | -25.07% | 593.30% |
| 2018 | -3.62% | 15.61% |
| 2017 | -3.13% | -55.16% |
| 2016 | -6.98% | -10.86% |
| 2015 | -7.83% | -31.40% |
The current ROE of Minesto AB (publ) (MINEST.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-10.05%
5-year avg
-7.23%
10-year avg
-8.28%
Minesto AB (publ)’s ROE is less than SolTech Energy Sweden AB (publ) (0%), less than Eolus Vind AB (publ) (0%), less than Climeon AB (publ) (0%), less than PowerCell Sweden AB (publ) (0%), less than null (0%), greater than null (-55.36%), less than null (11.90%), greater than null (-48.00%), greater than null (-1.51%),
| Company | ROE | Market cap |
|---|---|---|
| 0% | $22.52M | |
| 0% | $1.00B | |
| 0% | $130.35M | |
| 0% | $1.86B | |
| 0% | $0 | |
| -55.36% | $0 | |
| 11.90% | $0 | |
| -48.00% | $0 | |
| -1.51% | $0 |
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How does the current ROE for Minesto AB (publ) (MINEST.ST) compare to its historical average?